Democrats Plan “Subpoena Storm” Against Trump’s Lucrative Presidency

TrumpUpset

Democrats plan to issue a large amount of subpoenas to the Trump administration over suspicion of alleged unscrupulous and corrupt revenue generation schemes. Trump and his inner circle have profited from lucrative business ventures and investments, raising questions about ethics and legality.

“Democrats are preparing a hostile audit of President Trump and his inner circle, intent on exposing — and ultimately ending — the most lucrative presidency in American history,” Axios said Friday. “Since winning the 2024 election, Trump has operated in a Wild West of his own making — monetizing the office to the tune of billions, while enabling family, friends and donors to cash in along the way.”

The investigations are set to look at “a portfolio that made more than 21,000 securities transactions in 2025, a family crypto empire, foreign business deals and other ventures that expanded alongside his presidency.”

On Wednesday Alex Jones reported on the similarities of Trump’s controversial business deals to Biden’s.

On Thursday Jones spoke with former FBI agent Kyle Seraphin about the gifted Qatari jet.

“The explanation also sidesteps broader ethics questions, including Trump’s acceptance of a $400 million Qatari jet that entered service as Air Force One on Wednesday,” Axios said. “Trump plans to keep the luxury plane — the largest foreign gift in U.S. history — for his presidential library after he leaves office.”

Jones also detailed alleged insider trading of the Trump administration around the time of Trump’s perpetual Iran war proclamations.

During the 2024 campaign, Trump and Republicans planned to criminally investigate Joe Biden and his son Hunter for alleged corrupt business activity. After assuming office in 2025, the Trump administration abandoned these plans.

“House Republicans have alleged that Biden should be impeached because he illicitly benefitted from lucrative foreign deals arranged by his son Hunter,” Axios said in 2024. “Despite their difficulty proving that, Trump has said he thinks Biden should be prosecuted anyway — because Trump is being prosecuted now.”

While not seeking criminal probes into the Biden family’s alleged corrupt business deals, Trump, his family and members of his administration engaged in profitable business ventures of their own, ventures that some allege may have crossed an ethical and even legal threshold.

“Democrats see the presidential gold rush as corruption personified,” Axios said Friday.

They see the President’s certified annual financial disclosure report as a “927-page roadmap for the coming investigations, itemizing every known venture that made 2025 the richest year of his life,” according to Axios.

Axios chronicled a couple notable business ventures of Trump which have fallen under scrutiny:

  • A crypto business that barely existed when Trump took office minted him roughly $1.2 billion— eclipsing, in a single year, the real estate empire he spent decades building.
  • His biggest single payday was $635 million in royalties from the $TRUMP meme coin, which has crashed roughly 95% from its inauguration-week launch — destroying billions for the small investors who bought in.
  • Trump also reported tens of millions from legal settlements with major media and tech companies, plus new income from branded watches, sneakers, Bibles, fragrances and foreign licensing deals.

Trump recently said he was unaware his family and him made over $1 billion from cryptocurrency.

“There’s nothing illegal, there’s nothing wrong with it.”

In June Reuters reported on a woman who said she invested $2,000 into Trump’s meme coin. Following the purchase, the asset value fell to under $120, Reuters said. According to the woman, she saw the crypto as a legitimate asset due to Trump being associated with it.

“The $TRUMP meme coin is one of four Trump family crypto projects that have turned into a financial jackpot for the Trumps and a very bad bet for buyers like Elrgdawy. While they vary in size and structure, each of these ventures has followed the same playbook. The Trumps risked little up front. Trump family members – notably, the president’s oldest sons, Eric Trump and Donald Trump Jr. – hyped the venture. The Trumps raked in money as investors piled in. And those buyers lost big when, for various reasons, the prices of their Trump-related crypto assets later tanked,” Reuters said in June. “A Reuters examination shows that the Trump family has used this template to generate at least $2.3 billion in profit from investors since Trump retook the presidency. On the other side of that cash bonanza for America’s first family: the more than a million investors whose net losses totaled $2.3 billion at the end of April, according to a Reuters analysis. Those investors include retail buyers of crypto and crypto-linked equities, as well as those who invested indirectly through funds like ETFs with exposure to Trump crypto. The loss total includes paper losses on unsold investments.”

Reportedly, the woman believes Trump’s crypto venture was nothing more than a “pump and dump scheme.”

The family and appointees of Trump may be larger targets than Trump himself, due to them not being protected under executive privilege, so they can be compelled to testify.

Axios detailed some of the ventures of those in Trump’s orbit:

  • World Liberty Financial, the crypto venture launched by the Trump and Witkoff families, has become a magnet for foreign money, including a secret $500 million investment from a senior Emirati royal.
  • New York Times investigation found that Donald Trump Jr., Eric Trump and the sons of Commerce Secretary Howard Lutnick have ties to at least 14 companies seeking $8.9 billion in federal support for critical-minerals deals.
  • Jared Kushner, Trump’s son-in-law, has raised billions from Gulf governments while leading Middle East peace talks. In Albania, Kushner’s firm won “strategic investor” status for a $1.4 billion luxury resort on a protected island — igniting mass protests dubbed the “flamingo revolution.”

“You know ⁠why ​I’m profiting? Because the ​stock market’s going up, everybody’s profiting,” Trump said when asked about his lucrative stock portfolio on Wednesday.


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